McTavish Ltd. completed its fi rst year of operations on September 30, 2021. McTavish reported the following

Question:

McTavish Ltd. completed its fi rst year of operations on September 30, 2021. McTavish reported the following information at September 30, 2021:

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Instructions

Assuming that McTavish reports under ASPE, prepare the operating section of a cash fl ow statement using the direct method.

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Accounting Principles Volume 2

ISBN: 978-1119502555

8th Canadian Edition

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak

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